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Tom Tailor "confident" for year ahead despite Q1 loss

2015-05-13 12:48:00| Daily apparel & textile news and comment - from just-style.com

German fashion business Tom Tailor said it got off to "a good start" to its fiscal year, despite reporting a wider year-on-year first-quarter loss.

Tags: year loss tom ahead

 

Deutsche Telekom maintains outlook after solid Q1

2015-05-13 08:34:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom reported first-quarter net revenue up 13.1 percent year-on-year to EUR 16.8 billion, while adjusted EBITDA increased 11.0 percent to EUR 4.6 billion. Excluding exchange rate effects, particularly the stronger US dollar, and changes in scope, revenues rose 4.7 percent and EBITDA was up 5.6 percent, driven by the improved performance at T-Mobile US. Revenues rose 1.9 percent in Germany and 36.1 percent in the US, but fell 0.6 percent in the rest of Europe and were down 2.5 percent at the Systems Solutions unit. Net profit fell to EUR 787 million from EUR 1.817 billion a year ago when the company realised a profit of EUR 1.7 billion on the sale of its stake in Scout. Capital expenditure, excluding spectrum licences, rose 22.5 percent compared to a year ago to EUR 2.5 billion, driven by a sharp increase in Germany to EUR 950 million. As a result, free cash flow fell 12 percent to EUR 0.9 billion. Based on the solid Q1 results and constant exchange rates, DT confirmed its guidance for the full year for adjusted EBITDA around EUR 18.3 billion and free cash flow at EUR 4.3 billion. 

Tags: solid deutsche outlook maintains

 
 

James Barrow Buys Qualcomm, Deere & Co During Q1

2015-05-12 21:07:27| Industrial Machines - Topix.net

During the first quarter, James Barrow of Dallas-based investing firm Barrow, Hanley, Mewhinney & Strauss, added 182 new stocks to his portfolio. Barrow boasts 53 years of experience in investing and is the lead portfolio manager of the Vanguard Windsor II and Selected Value Funds.

Tags: during james buys q1

 

Suntory Holdings eyes FY growth after strong Q1

2015-05-11 18:05:30| Daily beverage news and comment - from just-drinks.com

Suntory Holdings expects full-year profits to jump by a third as sales and underlying profits stayed strong in the first quarter.

Tags: strong eyes growth holdings

 

just The Preview - Carlsberg's Q1

2015-05-11 15:50:00| Daily beverage news and comment - from just-drinks.com

Carlsberg will release its Q1 results tomorrow. Here, just-drinks takes a look at the company's highs and lows in the first three months of the year.

Tags: preview q1 carlsbergs

 

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